First Home and Housing Construction Grants (Budget 2013) Amendment Act 2013

No 33 of 2013 assented to 1.8.2013

South Australia

First Home and Housing Construction Grants (Budget 2013) Amendment Act 2013

An Act to amend the First Home and Housing Construction Grants Act 2000.

Contents

Part 1—Preliminary

1 Short title

2 Commencement

3 Amendment provisions

Part 2—Amendment of First Home and Housing Construction Grants Act 2000

4 Amendment of section 18BAB—Housing construction grant

Schedule 1—Transitional provision

1 Transitional provision

The Parliament of South Australia enacts as follows:

Part 1—Preliminary

1—Short title

This Act may be cited as the First Home and Housing Construction Grants (Budget 2013) Amendment Act 2013.

2—Commencement

This Act will come into operation on 1 July 2013 (and if this Act is not assented to until after that date, it will be taken to have come into operation on that date).

3—Amendment provisions

In this Act, a provision under a heading referring to the amendment of a specified Act amends the Act so specified.

Part 2—Amendment of First Home and Housing Construction Grants Act 2000

4—Amendment of section 18BAB—Housing construction grant

(1) Section 18BAB(1)(b)—delete "1 July 2013" and substitute:

1 January 2014

(2) Section 18BAB(1)(d)(iii)(A)—delete "31 December 2014" and substitute:

30 June 2015

Schedule 1—Transitional provision

1—Transitional provision

(1) If—

(a) a person is entitled to a housing construction grant under section 18BAB of the First Home and Housing Construction Grants Act 2000 as amended by this Act in relation to an eligible transaction with a commencement date that is on or after 1 July 2013; and

(b) the person has received a benefit constituted by an ex gratia payment by the State in order to provide for a housing construction grant under section 18BAB as amended by this Act for the period between 1 July 2013 and the day on which this Act is assented to by the Governor,

the amount of the relevant entitlement will be reduced by the amount of the ex gratia payment (including so as to fully set off the amount of the relevant entitlement).

(2) Terms used in subclause (1) that are defined in the First Home and Housing Construction Grants Act 2000 have the same respective meanings as in that Act